bitcoinprice
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The German government recently sold 400 #Bitcoin on exchanges Kraken and Coinbase, contributing to Bitcoin's price drop to around $60,000.
This action is part of a larger sell-off, following a previous offload of over 1,700 $BTC worth $110 million. The government still holds approximately $2.8 billion in Bitcoin. This sell-off, combined with other market activities, has significantly impacted Bitcoin's
#Germany #BitcoinPriceDrop #bitcoinprice #TrendingTopic
This action is part of a larger sell-off, following a previous offload of over 1,700 $BTC worth $110 million. The government still holds approximately $2.8 billion in Bitcoin. This sell-off, combined with other market activities, has significantly impacted Bitcoin's
#Germany #BitcoinPriceDrop #bitcoinprice #TrendingTopic
Why is the #Bitcoin price down? 🤔
➔ Germany is selling 400 $BTC , worth $27M.
➔ Outflows from spot Bitcoin ETFs reached $1.3 billion over the last two weeks.
➔ #MtGox announced plans to distribute $9 billion worth of $BTC and $BCH
#bitcoinprice #BitcoinPriceDrop #TrendingTopic
➔ Germany is selling 400 $BTC , worth $27M.
➔ Outflows from spot Bitcoin ETFs reached $1.3 billion over the last two weeks.
➔ #MtGox announced plans to distribute $9 billion worth of $BTC and $BCH
#bitcoinprice #BitcoinPriceDrop #TrendingTopic
🏆 New Week, New Challenge at esatoshiclub!
Predict the highest $BTC price between June 24 and June 30 to win 100,000 Satoshis🎉
How to enter:
-Submit your best guess under this (https://x.com/esatoshiclub/status/1805163881058193602) post.
- Reply within 72 hours to predict $BTC 's highest price from June 17 to June 23.
- Like & RT this (https://x.com/esatoshiclub/status/1805163881058193602) post.
- Prize: 100K satoshis for the closest and fastest guess.
#BTCPricePredictions #BTCPriceForecast #bitcoinprice #BitcoinPrice2024 #TrendingTopic
Predict the highest $BTC price between June 24 and June 30 to win 100,000 Satoshis🎉
How to enter:
-Submit your best guess under this (https://x.com/esatoshiclub/status/1805163881058193602) post.
- Reply within 72 hours to predict $BTC 's highest price from June 17 to June 23.
- Like & RT this (https://x.com/esatoshiclub/status/1805163881058193602) post.
- Prize: 100K satoshis for the closest and fastest guess.
#BTCPricePredictions #BTCPriceForecast #bitcoinprice #BitcoinPrice2024 #TrendingTopic
🔥🔥🔥 #bitcoinprice Could Attempt to Recover Lost Ground But Faces Many Hurdles
Bitcoin's price is currently consolidating above the $64,000 mark, with potential for recovery if it surpasses the crucial $65,650 resistance zone.
Bitcoin recently initiated a minor rebound above $65,000. However, it remains below $65,500 and the 100-hourly Simple Moving Average. On the hourly chart of the BTC/USD pair from Kraken, a short-term contracting triangle is forming with resistance at $65,400.
After testing as low as $64,050, Bitcoin corrected some losses by climbing above $64,500. The bulls encountered resistance near the $65,500 level, hindering further upside progress. Despite this, the price managed to surpass the 23.6% Fibonacci retracement level of the recent decline from the $67,255 high to the $64,050 low.
As Bitcoin continues trading below $65,500, the immediate challenge remains at the $65,400 resistance and the triangle trend line. To resume an upward trend, BTC must decisively breach the $65,400 and $65,650 resistance levels. A successful move above $66,000 could trigger a sustained rally towards $66,550 and potentially higher to the $67,500 resistance.
Conversely, failure to surpass the $65,650 hurdle might prompt another downturn. Initial support lies near $64,850, followed by more substantial levels at $64,400 and $64,000. Further losses could lead Bitcoin towards the $63,200 support area in the near term.
Technical Indicators:
- Hourly MACD: Showing signs of losing bearish momentum.
- Hourly RSI (Relative Strength Index): Currently above the 50 level, indicating potential strength in the short term.
Key Levels to Watch:
- Major Support Levels: $64,400, $64,000
- Major Resistance Levels: $65,400, $65,650
This technical outlook underscores Bitcoin's current consolidation phase and the critical resistance levels that could dictate its next major move in the coming sessions.
Source - newsbtc.com
#CryptoTrends2024 #BinanceSquareBTC #CryptoMarkets
Bitcoin's price is currently consolidating above the $64,000 mark, with potential for recovery if it surpasses the crucial $65,650 resistance zone.
Bitcoin recently initiated a minor rebound above $65,000. However, it remains below $65,500 and the 100-hourly Simple Moving Average. On the hourly chart of the BTC/USD pair from Kraken, a short-term contracting triangle is forming with resistance at $65,400.
After testing as low as $64,050, Bitcoin corrected some losses by climbing above $64,500. The bulls encountered resistance near the $65,500 level, hindering further upside progress. Despite this, the price managed to surpass the 23.6% Fibonacci retracement level of the recent decline from the $67,255 high to the $64,050 low.
As Bitcoin continues trading below $65,500, the immediate challenge remains at the $65,400 resistance and the triangle trend line. To resume an upward trend, BTC must decisively breach the $65,400 and $65,650 resistance levels. A successful move above $66,000 could trigger a sustained rally towards $66,550 and potentially higher to the $67,500 resistance.
Conversely, failure to surpass the $65,650 hurdle might prompt another downturn. Initial support lies near $64,850, followed by more substantial levels at $64,400 and $64,000. Further losses could lead Bitcoin towards the $63,200 support area in the near term.
Technical Indicators:
- Hourly MACD: Showing signs of losing bearish momentum.
- Hourly RSI (Relative Strength Index): Currently above the 50 level, indicating potential strength in the short term.
Key Levels to Watch:
- Major Support Levels: $64,400, $64,000
- Major Resistance Levels: $65,400, $65,650
This technical outlook underscores Bitcoin's current consolidation phase and the critical resistance levels that could dictate its next major move in the coming sessions.
Source - newsbtc.com
#CryptoTrends2024 #BinanceSquareBTC #CryptoMarkets
🚀🚀🚀 Bitcoin Poised for $130,000 Peak by December 2025, Analyst Predicts 🚀🚀🚀
A cryptocurrency analyst, known as CryptoCon, has predicted that Bitcoin (BTC) will reach a cycle top of $130,000 by December 2025. This prediction is based on a technical analysis model that compares historical #bitcoinprice cycles.
Here are the key points of the prediction:
- Cycle top: $130,000
- Date: December 2025
- Model: Trend Pattern Price Model
- Analyst: CryptoCon
This prediction is based on the following assumptions:
- Bitcoin price cycles are similar to each other.
- The peak-to-peak angle and peak-to-2-peaks-later angle in each cycle are reduced by half.
- The period of consolidation before the spike ends soon.
It is important to note that this is just a prediction and the actual price of Bitcoin could be significantly higher or lower than $130,000 in December 2025. There are many factors that could affect the price of Bitcoin, including:
- Global economic conditions
- Regulation
- Adoption
- Technological advancements
Investors should always do their own research and due diligence before investing in any #cryptocurrency.
#CryptoNews🔒📰🚫 #BitcoinPricePrediction #BinanceSquareBTC $BTC
A cryptocurrency analyst, known as CryptoCon, has predicted that Bitcoin (BTC) will reach a cycle top of $130,000 by December 2025. This prediction is based on a technical analysis model that compares historical #bitcoinprice cycles.
Here are the key points of the prediction:
- Cycle top: $130,000
- Date: December 2025
- Model: Trend Pattern Price Model
- Analyst: CryptoCon
This prediction is based on the following assumptions:
- Bitcoin price cycles are similar to each other.
- The peak-to-peak angle and peak-to-2-peaks-later angle in each cycle are reduced by half.
- The period of consolidation before the spike ends soon.
It is important to note that this is just a prediction and the actual price of Bitcoin could be significantly higher or lower than $130,000 in December 2025. There are many factors that could affect the price of Bitcoin, including:
- Global economic conditions
- Regulation
- Adoption
- Technological advancements
Investors should always do their own research and due diligence before investing in any #cryptocurrency.
#CryptoNews🔒📰🚫 #BitcoinPricePrediction #BinanceSquareBTC $BTC
Just hypotetical chart! And everything just simple.
Line chart weekly.
- Consesus now we should move to 32-35 and drop
- What if we are trade in downtrend channel since 2021 And the top touch will be around 48K
- Than before halving we going to across 2 channels around May 2024. - 22K
- It will be 3rd touch of uptrend yearly channel since covid dump
- And the top for this channel will be around 129K - 2025/2026
- Than drop to 40K #BinanceTournament #BTC #bitcoinprice
Line chart weekly.
- Consesus now we should move to 32-35 and drop
- What if we are trade in downtrend channel since 2021 And the top touch will be around 48K
- Than before halving we going to across 2 channels around May 2024. - 22K
- It will be 3rd touch of uptrend yearly channel since covid dump
- And the top for this channel will be around 129K - 2025/2026
- Than drop to 40K #BinanceTournament #BTC #bitcoinprice
Bitcoin rally would return could possibly depend on the total supply of all the stablecoins.
Around the start of this week, Bitcoin observed a sharp plunge that had taken the asset’s price from the $30,000 level down to the $29,000 mark. A couple of days back, however, the coin had started surging again and had reclaimed the $26,600 level.
This uplift in the price had come as the US Fed had announced a 25 bps interest rate hike, but before long, the recovery efforts had run out of steam, and now, the cryptocurrency has already retraced its gains from the rally.
Earlier, #Bitcoin had been stuck in a phase of stagnation above the $30,000 level for more than a month, but with the plunge in the price, this streak had been broken.
The asset now sticking near the $29,000 level may mean, however, that volatility hasn’t truly returned for the asset yet, as it still continues to consolidate, just around a different level. When a true break away from this stagnation may happen and the rally would return could possibly depend on the total supply of all the stablecoins.
As explained by an analyst in a CryptoQuant post, range-breaking price rises in Bitcoin this year have generally only come whenever the stablecoin supply has registered an increase.
#Binanceturns6 #GOATMoments #bitcoinprice
This uplift in the price had come as the US Fed had announced a 25 bps interest rate hike, but before long, the recovery efforts had run out of steam, and now, the cryptocurrency has already retraced its gains from the rally.
Earlier, #Bitcoin had been stuck in a phase of stagnation above the $30,000 level for more than a month, but with the plunge in the price, this streak had been broken.
The asset now sticking near the $29,000 level may mean, however, that volatility hasn’t truly returned for the asset yet, as it still continues to consolidate, just around a different level. When a true break away from this stagnation may happen and the rally would return could possibly depend on the total supply of all the stablecoins.
As explained by an analyst in a CryptoQuant post, range-breaking price rises in Bitcoin this year have generally only come whenever the stablecoin supply has registered an increase.
#Binanceturns6 #GOATMoments #bitcoinprice
I don't count sheep, I check crypto prices before bed. 🐑
#bitcoin #BTC #bitcoinprice #crypto2023 #crypto
#bitcoin #BTC #bitcoinprice #crypto2023 #crypto
📊 It seems like $BTC whales have been withdrawing more from crypto exchanges than depositing.
These transactions accounted for only direct transfers from exchange wallets to #whale wallets 💰
Are they preparing for a price surge? 👀
#bitcoinprice #WhaleAlert #BitcoinPrice2024
These transactions accounted for only direct transfers from exchange wallets to #whale wallets 💰
Are they preparing for a price surge? 👀
#bitcoinprice #WhaleAlert #BitcoinPrice2024
🔍 Despite recent pullbacks from its ATH near $74,000, Bitcoin's corrections remain relatively mild, especially when compared to historical bull markets.
The previous #bullmarket cycle between 2019 and the end of 2021 saw two pullbacks of over 50%, with the COVID-19 drop at 61.4%.
#bitcoinprice #BitcoinCorrection #BitcoinPrice2024 #TrendingTopic
The previous #bullmarket cycle between 2019 and the end of 2021 saw two pullbacks of over 50%, with the COVID-19 drop at 61.4%.
#bitcoinprice #BitcoinCorrection #BitcoinPrice2024 #TrendingTopic
🔶 Daily update: #BTC [24-11📅]
✔️Retest of the 36 800 - 36 700$ almost done yesterday.
$BTC price is again trading around the major resistance zone.
📈Many test of the resistances, and #alts also pulled back on major supports.
📈It's a good sign for the bulls
📈H1 view is flipping bullish again.
We could see a big breakout toward 38 500$ soon.
❗️It's not impossible to see another dump around the top resistance
But look at how each dips are buying!
🎯Lower support: 37 300 - 37 000 - 36 750$
📈 #altcoins could move upward for many days again in case of $BTC breakout.
🎯Level by level.
Adapt your trading strategy regarding the #bitcoinprice & Altcoins breakout. (up or down).
#crypto
✔️Retest of the 36 800 - 36 700$ almost done yesterday.
$BTC price is again trading around the major resistance zone.
📈Many test of the resistances, and #alts also pulled back on major supports.
📈It's a good sign for the bulls
📈H1 view is flipping bullish again.
We could see a big breakout toward 38 500$ soon.
❗️It's not impossible to see another dump around the top resistance
But look at how each dips are buying!
🎯Lower support: 37 300 - 37 000 - 36 750$
📈 #altcoins could move upward for many days again in case of $BTC breakout.
🎯Level by level.
Adapt your trading strategy regarding the #bitcoinprice & Altcoins breakout. (up or down).
#crypto
LIVECrypto_Jobs
--
Bearish
🔶 #Bitcoin - Daily - weekly update 📊
📈The last daily close was bullish
⏳The price is currently stuck into this range zone below the critical resistance 37 700 - 37 900$.
📉Short term: I see a rejection & a retest of the 36 700 - 36 800$ support. (Neutral zone)
If we zoom on the weekly TF:
❗️RSI at 76 (overbuy zone)
❗️There are no major support below
❗️We also didn't see any retest of the W breakout
❗️Is it a triple top forming?
The $BTC price will probably range for some time.
Main scenario:
📈A daily close above 38 000$ could lead to a breakout toward the 43 200$ & 48 800$ (zone)
📉If it lose the local uptrend & range zone (below 36 000$) the price could correct toward the D - W supports & uptrend below. (33 100$ - 31 900$ and 31 100$)
Be carefull with volatility on #altcoins❗️
I feel unconfident to long below 38 000$. In my opinion there is a great chance to see correction 📉
#btc #eth #etf
📈The last daily close was bullish
⏳The price is currently stuck into this range zone below the critical resistance 37 700 - 37 900$.
📉Short term: I see a rejection & a retest of the 36 700 - 36 800$ support. (Neutral zone)
If we zoom on the weekly TF:
❗️RSI at 76 (overbuy zone)
❗️There are no major support below
❗️We also didn't see any retest of the W breakout
❗️Is it a triple top forming?
The $BTC price will probably range for some time.
Main scenario:
📈A daily close above 38 000$ could lead to a breakout toward the 43 200$ & 48 800$ (zone)
📉If it lose the local uptrend & range zone (below 36 000$) the price could correct toward the D - W supports & uptrend below. (33 100$ - 31 900$ and 31 100$)
Be carefull with volatility on #altcoins❗️
I feel unconfident to long below 38 000$. In my opinion there is a great chance to see correction 📉
#btc #eth #etf
📊 $BTC broke the 36k level for the first time since May 2022, right after the $LUNA crash!
This comes as the market awaits a decision on the #BitcoinETF matter 👀
Do you think this is the start of the #BullRun2024 🤔
#bitcoinprice #BTCMove #LUNACLASSIC
This comes as the market awaits a decision on the #BitcoinETF matter 👀
Do you think this is the start of the #BullRun2024 🤔
#bitcoinprice #BTCMove #LUNACLASSIC
Bitcoin Price Signals Potential Adjustment, Can BTC Overcome the Challenge?
Bitcoin price started an upside correction from the $26,550 zone. BTC is rising and facing a strong resistance near the $27,300 and $27,500 levels.
Bitcoin managed to recover above the $27,000 resistance zone.
The price is trading above $27,000 and the 100 hourly Simple moving average.
There was a break above a major bearish trend line with resistance near $27,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is showing signs of a recovery, but it could struggle near $27,300 and $27,500.
The next key resistance could be near $27,500 or the 61.8% Fib retracement level of the downward move from the $28,285 swing high to the $26,550 low. A clear move above the $27,500 and $27,650 resistance levels could set the pace for a larger increase.
Another Decline In BTC?
If Bitcoin fails to recover higher above the $27,500 resistance, there could be a fresh decline. Immediate support on the downside is near the $27,000 level and the trend line zone.
The next major support is near the $26,900 level and the 100 hourly Simple moving average. A downside break and close below the $26,900 support might send the price further lower. The next support sits at $26,550.
Technical indicators:
Hourly MACD – The MACD is now losing pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.
Major Support Levels – $27,000, followed by $26,900.
Major Resistance Levels – $27,300, $27,500, and $27,650.
#bitcoin #BitcoinWorld #btcusdt #btcusd #bitcoinprice
Bitcoin price started an upside correction from the $26,550 zone. BTC is rising and facing a strong resistance near the $27,300 and $27,500 levels.
Bitcoin managed to recover above the $27,000 resistance zone.
The price is trading above $27,000 and the 100 hourly Simple moving average.
There was a break above a major bearish trend line with resistance near $27,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is showing signs of a recovery, but it could struggle near $27,300 and $27,500.
The next key resistance could be near $27,500 or the 61.8% Fib retracement level of the downward move from the $28,285 swing high to the $26,550 low. A clear move above the $27,500 and $27,650 resistance levels could set the pace for a larger increase.
Another Decline In BTC?
If Bitcoin fails to recover higher above the $27,500 resistance, there could be a fresh decline. Immediate support on the downside is near the $27,000 level and the trend line zone.
The next major support is near the $26,900 level and the 100 hourly Simple moving average. A downside break and close below the $26,900 support might send the price further lower. The next support sits at $26,550.
Technical indicators:
Hourly MACD – The MACD is now losing pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.
Major Support Levels – $27,000, followed by $26,900.
Major Resistance Levels – $27,300, $27,500, and $27,650.
#bitcoin #BitcoinWorld #btcusdt #btcusd #bitcoinprice
🟢 $BTC rose above $71,000 for the first time since April 1 ahead of the reward #halving expected later this month.
➜ $WIF, $CKB, and $LDO are all up by double digits, while $ENA and $W are down by 5%.
#bitcoinprice #MarketWatch #bitcoinhalving #TrendingTopic
➜ $WIF, $CKB, and $LDO are all up by double digits, while $ENA and $W are down by 5%.
#bitcoinprice #MarketWatch #bitcoinhalving #TrendingTopic
Top Trader Henrik Zeberg Sees Bitcoin (BTC) at $42,000, Shares Top Altcoins Right Now.
Trading legend Henrik Zeberg unveils altcoins poised for epic profits as Bitcoin aims for $42,000.
BTC, eyeing an impressive $42,000 target, surged an astounding 30% since October, while ETH firmly held ground above the $2,000 mark.
However, the plot took an unexpected turn just hours later, as the Bitcoin price chart turned a vibrant green, displaying an intraday gain of over 2.2%. Surpassing its 2023 high, BTC reached its pinnacle value since May 2022. What distinguishes this surge from that period is the upward trajectory, signifying bullish momentum.
Henrik Zeberg's keen insights extend beyond Bitcoin to a selection of altcoins that are currently in his spotlight. Notably, Solana (SOL) is up over 3%, Cosmos (ATOM) has surged 1.8%, Sei (SEI) is up 3.2% and Chainlink (LINK) has risen by 2.44%.
#BTC #BTCpredictions #BitcoinPriceUpdate #bitcoinprice #BTCPriceForecast
$BTC
Trading legend Henrik Zeberg unveils altcoins poised for epic profits as Bitcoin aims for $42,000.
BTC, eyeing an impressive $42,000 target, surged an astounding 30% since October, while ETH firmly held ground above the $2,000 mark.
However, the plot took an unexpected turn just hours later, as the Bitcoin price chart turned a vibrant green, displaying an intraday gain of over 2.2%. Surpassing its 2023 high, BTC reached its pinnacle value since May 2022. What distinguishes this surge from that period is the upward trajectory, signifying bullish momentum.
Henrik Zeberg's keen insights extend beyond Bitcoin to a selection of altcoins that are currently in his spotlight. Notably, Solana (SOL) is up over 3%, Cosmos (ATOM) has surged 1.8%, Sei (SEI) is up 3.2% and Chainlink (LINK) has risen by 2.44%.
#BTC #BTCpredictions #BitcoinPriceUpdate #bitcoinprice #BTCPriceForecast
$BTC
🔍 $BTC remains volatile, oscillating within a defined trading range.
Despite a low of $62,864 today, it rallied to challenge higher liquidity zones around $64,500.
#BTC #bitcoinprice #bitcointrading #TrendingTopic
Despite a low of $62,864 today, it rallied to challenge higher liquidity zones around $64,500.
#BTC #bitcoinprice #bitcointrading #TrendingTopic
📈 Moderate optimism in Bitcoin!
The current funding rate for $BTC 's perpetual futures stands at 0.35% per week, suggesting a stable demand for leverage.
When the funding rate increases, it typically means there's more demand to bet on Bitcoin's price rising.
#bitcoin #bitcoinprice #BitcoinAnalysis #PerpetualFutures #TrendingTopic
The current funding rate for $BTC 's perpetual futures stands at 0.35% per week, suggesting a stable demand for leverage.
When the funding rate increases, it typically means there's more demand to bet on Bitcoin's price rising.
#bitcoin #bitcoinprice #BitcoinAnalysis #PerpetualFutures #TrendingTopic
⚠️ Bitcoin price crashes 6k in minutes as Iran announces it has launched drones towards Israel.
🚨 We could be about to see a bloodbath and potential black swan event if This escalates further.
#bitcoinprice
#cryptobay
#bitcoinnews
#iranisrael
#Irannews
$BTC $ETH $BNB
🚨 We could be about to see a bloodbath and potential black swan event if This escalates further.
#bitcoinprice
#cryptobay
#bitcoinnews
#iranisrael
#Irannews
$BTC $ETH $BNB
